UPDATED WED 21 OCT · 09:26 UTCLIVE
CryptoMedium

Kimchi Celeb Trader Controversy

Kimchi, reportedly up $40M, is being cited as crypto's first crossover pop-culture celebrity trader, but his apparent association with a token is drawing sharp criticism as a no-win situation.

What we know

Multiple accounts are discussing the 'Kimchi phenomenon.' an account on X argued that Kimchi's $40M gain is not a skill issue for regular traders — 'there is a cabal, you're just not part of it.' Meanwhile, another account on X RTs a take calling Kimchi the 'first person to truly cross from crypto to pop culture,' heralding a massive social trading ecosystem. On the other side, another account on X says Kimchi 'killed his whole aura overnight' by tying himself to a token — either it goes to zero and everyone blames him, or he's stuck doing bag-work forever.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.